Wednesday, 12 July 2017

EPIC RESEARCH NCDEX REFINED SOYA OIL UPDATE OF 12 JULY 2017

Ref.Soya oil trading range for the day is 640-650. Ref soyoil ended with losses tracking weakness in spot demand and overseas prices amid profit booking. India's oilmeal exports jumped for a third consecutive month in June by 14% compared to same period a year ago on higher output. There is an anticipation of good domestic demand of edible oil during the monsoon season.At the Indore spot market in Madhya Pradesh, soyoil was steady at 640 Rupees per 10 kgs.